Labotest Ltd

Labotest Ltd, based in London, UK, is a small, active company founded nine years ago. With three employees and £203,967 in assets, it’s a modest operation led by a single director and owner. The company boasts a perfect 5.0 Google rating from three reviews, and operates from a real address in North Circular Road. Labotest Ltd is an irregular importer, primarily dealing with electrical machinery and equipment, though its last import activity was way back in November 2017.

The company’s website reveals a focus on at-home beauty treatments, specifically IPL (Intense Pulsed Light) devices. It sells a range of FAUSTINA branded devices for hair removal, skin rejuvenation, and acne treatment, catering to both UK and international markets. The website highlights features like multiple lamp functions, high flash counts, and a 30-day return policy, aiming to provide a convenient and effective alternative to professional treatments.

Financially, Labotest Ltd’s recent performance shows a mixed picture. Current assets decreased by 20% to £200,000, while net assets remained relatively stable at £110,000. Cash bank on hand took a hit, falling 22% to £170,000. Creditors also decreased, with current financial instruments down 97% to £540 and non-financial instruments down 26% to £91,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the financial data is unaudited.

The decline in cash reserves and current assets, despite stable net assets, suggests Labotest Ltd may be burning through cash faster than it’s generating it. However, the company's strong Google rating and focus on a growing market for at-home beauty devices indicate potential for future growth, provided it can manage its finances effectively.

Registered in England/Wales under the registration number 09786559, with a registered address at NW10 7PN, England, London, Crown House Business Centre Suite 503, 5th Floor, North Circular Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.